Section 82 CGST - Tax to be first charge on property

Last updated at May 2, 2017 by Teachoo

According to Section 82 of Central Goods and Service Tax Act, 2017 as passed by Lok Sabha :

Notwithstanding anything to the contrary contained in any law for the time being in force, save as otherwise provided in the Insolvency and Bankruptcy Code, 2016, any amount payable by a taxable person or any other person on account of tax, interest or penalty which he is liable to pay to the Government shall be a first charge on the property of such taxable person or such person.